The Fate of the Giant Sea Wall Project

The Vice Governor of Jakarta Basuki “Ahok” Tjahaja Purnama told journalists in mid January 2014 that the Giant Sea Wall project cannot be done. Ahok argued that the absence of private investors interested in financing the feasibility study for the project demonstrates the project’s grim business prospects. That seemed like a done deal. Today, however, Kompas.com reported traction on 20 billion dollar project. Tomy Winata’s Artha Graha is interested.

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